Resources...
What's new...
More topics...
Opportunities...
Tax and Party Plans
Discussions : Questions and answers : Tax and Party Plans
AngelKitty wrote:
hi.
i have just joined this website to find out more about party plans as an income. I have been to the tax office website, and it seems that if you are going to seriously sell and not do party planning as a hobby then I have to have an ABN.
I was wondering whether anyone else out there has gone through the process of getting an ABN as a consultant, and has filed tax claims etc. Also wondering how GST works? i know the company has proabably included this in their costs, but how does it work for the individual consultant?
Any info would be helpful
Thanks
rob
Kirstin replied:
Rob, search 'tax', 'ATO' and 'ABN' and you'll come up with a wealth of previous posts on this topic.
Kirstin
HandsOn replied:
in response to GST - you do not have to worry about doing a BAS statement until you earn over $75,000 in a financial year.
All you would need to do is track income, expenses, and speak to an accountant for other advise.
Goodluck! This website is full of knowledge.
partyplans replied:
original post by... AngelKitty @ ato.gov.au
(Isn't 'AngelKitty' the 'code name' for the secret government tax-evasion taskforce?)
... I'm just kidding or course !!